Business
Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout from US President Donald…
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Markets
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Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Business
Trump’s tariff ‘medicine’ injects turmoil into global markets
US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the…
Business
Singapore’s STI plunges 8.5%, Japan’s Nikkei drops over 8% as Asian markets sell off sharply
The sell-off continued as Asian markets tumbled on Monday (Apr 7) morning, following US President Donald Trump’s sweeping tariff…
Business
AppLovin bids for TikTok in all markets outside of China
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set…
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Singapore’s STI drops 2.6%; Asia markets extend declines on Trump tariff troubles
Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European…
Business
Europe: Shares recover ground as markets brace for US tariff deadline
EUROPEAN shares rebounded on Tuesday from a two-month low touched in the previous session, while the market braced for an impending April…
Business
As Trump sinks the US dollar, once-unthinkable worry grips markets
As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. The US dollar, long a…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
US dollar recovers as markets in consolidation mode; pares gains after data
THE US dollar rose against a broad range of currencies on Friday (Feb 21), partly retracing losses versus the yen as investors…
Business
US: Wall St opens lower as markets assess Trump’s tariff threats; Walmart drops
WALL Street’s main indexes opened lower on Thursday (Feb 20) as investors avoided risky bets after another bout of tariff threats from…
Business
US: Wall St opens slightly lower as markets assess latest tariff threats
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats…
Business
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and…
Business
US: Wall St subdued at open as markets await tariff details
WALL Street’s main indexes opened flat on Friday (Feb 14), as investors awaited more clarity on US President Donald Trump’s reciprocal…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank…
Business
Why are cryptocurrencies crashing? Trump tariffs spook markets
Cryptocurrency markets suffered a sharp decline after President Donald Trump announced new tariffs on major U.S. trading partners on…
Business
CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Consumer Commission of Singapore (CCCS) has conditionally approved the proposed expansion of a 2016 joint venture between Singapore…
Business
US markets: Stock buyers step in to boost tech after AI jolt
The world’s largest technology companies climbed after a selloff that shook markets around the globe, with traders gearing up for the…
Business
China unveils plan to encourage insurance funds into stock markets - The Business Times
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Business
Asia markets wary as investors brace for barrage of executive orders from Trump 2.0 - The Business Times
The key uncertainty is the timing and magnitude of fresh Trump tariffs, says OCBC chief economist DONALD Trump is raring to go, and he has…
Business
US: Wall St opens higher as markets await data, policy changes
WALL Street’s main indexes opened higher on Friday (Jan 3), as investors kept a close eye on upcoming economic data and geared up for…
Business
Oil prices ease as markets weigh China stimulus hopes
OIL edged lower on Thursday (Dec 26) in light holiday trade as the US dollar’s strength offset hopes for additional fiscal stimulus in…
Business
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered…